NZDUSD Kiwi 2618 Trade on Radarkiwi formed a double top at an interesting price level where it met the decending trandline and historical lstructure (look left) pkus finished an common upmove extention
(boxed area).
now formed new low and is retracing maybe to the 618 so you can tarde it as a 2618 trade with stopploss above the doubletop.
use piice action to find entry and confirmation (or other way round haha)
trade with care and fun!
2618 Trade
T a 0.618, 2618 and 30.00fig combination long.As mentioned before, T has been the lagger of the defensive sector .
It hit the 0.618 since 2008 @ 29.60 a few while ago, and formed a daily double bottom finally!
What's more, the entry of the 2618 will be at the 30.00 fig spot!
Accordingly, I will be very interesting in this trade!
Let's see how it goes!
2618 Buy Setup On Higher TimeframesEURUSD pulled back to 61.80% retracement level and is building support around here. There's was some 16% extension beyond the previous low and currently the parallel median line of this inside set is zoomed, which shows some underlying strength of this pair at this level. It makes sense to accumulate long positions with stops below the current low for longterm holding . A pre mortem approach is necessary as there is always a 40% chance of any trade setup turning bad. The first sign of lower prices would be the current low being taken out . For now, the setup looks plausible.
A Potential 2618 Swing Buy SetupUSOIL looks like it wants to get a breath after going through a heavy selloff mode for more than 10 days in a row. Another note worthy fact is that it has now seen a 61.80% reaction on its longterm bull run from June 2017. Looking at the lower timeframes and moving averages, we are some 50 ticks away from the 4H 20EMA (last 3.33 days exponential average price), and lately market has reacted to meeting this price with heavy selling. If there's a change of behaviour around that price, it will serve as an early signal that the minor trend is about to change. This would suggest the 61.80% attracting demand and USOIL pulling back couple of hundred ticks. The gap area around 55.50 is an interesting spot to watch for further clues.
BTCUSD GOING UP TOUCHING 7000.00Pair Currency: BTCUSD Direction: Uptrend. BTCUSD has been predicted to go up in the next days, as my chart show. Yesterday, there was a really high uptrend, touching nearly the 6600.00! As you can see, I have pointed the important points with the black circle to show how I came up for an uptrend. Bollinger Bands and also WMA at 7 will predict an uptrend, with WMA touching the middle Bollinger Band
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NZDUSD ANALYSIS SHOW A FALL COMING!!1Pair Currency: NZDUSD Trend Direction: DownTrend NZDUSD is showing a downtrend coming. 1D candles show a downtrend, and also fundamental analysis. I have also analysed 1HR and 4hr candles. The resistance level has been put at 0.6500
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EURGBP ANALYSIS PREDICTING A DOWNTRENDPair Currency: EURGBP Trend Predicted: DOWNTREND EURGBP is predicted for a downtrend after analysing all the indicators and candles. EUR's fundamental analysis show a weak euro compared to GBP. Resistance level predicted has been put at 0.8700, after that point was touched previously few days back.
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Updates coming soon!
GBPUSD UPTREND IS COMING PAIR CURRENCY: GBPUSD TREND PREDICTED: UPTREND GBPUSD is showing a uptrend, after analysing all the candles and indicators. GBP has been strong on both of the fundamental and technical analysis. A strong uptrend to touch the resistance level today is going to happen.
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USDCAD UPTREND DAILY ANALYSIS PAIR CURRENCY: USDCAD DIRECTION PREDICTED:UPTREND LONG USDCAD is looking for a uptrend for today. Looking at the 1hour candles and all indicators, there is a suggestion USDCAD will go up touching the 1.3000 level. The analysis is for today, and always make sure you close the trade today.
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